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Smith Carter joins forces with GENIVAR

MONTREAL, March 15, 2012 - GENIVAR Inc. (TSX: GNV)
("GENIVAR" or the "Company") is pleased to announce that Smith Carter
Architects and Engineers Inc. and Smith Carter (USA) LLC (collectively
referred to as "Smith Carter"), international leaders in the areas of
integrated architectural design and engineering, are joining the
GENIVAR team. Headquartered in Winnipeg and with offices in Calgary,
Ottawa, Atlanta and Washington, DC, Smith Carter has a workforce of
some 190 employees and has designed some of the world's most complex
buildings in some of its most challenging environments.

Scott Stirton, Smith Carter's current Chief Executive Officer, will be
joining GENIVAR's National Leadership Committee, where he will play a
key role in developing an architectural platform. All of Smith Carter's
partners applaud this transaction and will become GENIVAR shareholders.

Smith Carter's core specialities are designing and engineering complex
projects in the science and technology, healthcare, security and
defence as well as urban impact markets. Known for excelling at
high-profile projects, the firm is a world leader in bio-containment
laboratory design. Its clients include a mixture of government,
academic and healthcare agencies undertaking critical missions,
including Boston University, the Public Health Agency of Canada,
Defence Construction Canada, the Centers for Disease Control, the
Winnipeg Regional Health Authority and the Army Corps of Engineers.

Smith Carter's outstanding track record has been recognized with
numerous awards, including a Royal Architectural Institute of Canada Innovation Award for the use of business information modeling in connection with the
Canadian Museum for Human Rights in 2011; a Canadian Architect Award of Excellence for the Women's Hospital at the Winnipeg Health Sciences Centre in
2010; most Innovative Building and Best Building Award for structural,
mechanical and electrical engineering in 2005; LEED® Platinum status for their headquarters building in 2009; and the Governor General's Medal in Architecture—Canada's highest architectural honour— in 2006.

"We are very pleased to welcome Smith Carter into the GENIVAR family.
Smith Carter is recognized as a leading firm in the
architectural/engineering building industry. With this transaction, we
have achieved two expansion objectives, which were to strengthen our
presence in Western Canada and enter the U.S. market, where we believe
there are many other opportunities for growth," said Pierre Shoiry,
GENIVAR's President and Chief Executive Officer. "Over the past few
years, our architecture partnerships has grown significantly, with
firms like PBK Architects, ANO Architects, WHW Architects, the Arcop
Group and most recently AE Consultants tying up with GENIVAR. The time
has now come to unify these practices and their respective areas of
expertise. This will be Scott's main responsibility. Under his
leadership, we are confident that this architecture practice will
become an essential component in GENIVAR becoming a leading global
player in the building market," he added.

"We are delighted to be joining GENIVAR, which has a reputation for
promoting solid values while focusing on excellence and strong client
relationships," said Scott Stirton. "Contributing to GENIVAR's
continued success while spearheading the long-term growth of our
combined architectural and engineering practices will be a wonderful
opportunity for our respective teams. We have similar market
capabilities and expertise, complimentary cultures, a focus on design
excellence and a passion for professional service delivery that
responds to market opportunities and client expectations. Through the
power of partnership, we are convinced that GENIVAR will benefit from
the knowledge we have honed through years of experience."

ABOUT SMITH CARTER ARCHITECTS AND ENGINEERS INC.
Established in 1947, Smith Carter is one of North America's leading
integrated architectural design and engineering firms. With offices in
Winnipeg, Calgary, Ottawa, Atlanta and Washington, DC, Smith Carter
works with government, institutional and private-sector clients from
across Canada and around the world. Offering expertise on all types of
complex projects, the firm specializes in designing healthcare and
research environments. Smith Carter is committed to supporting the
vital urban fabric of the communities in which its projects are
located.

ABOUT GENIVAR INC.
GENIVAR is a leading Canadian consulting services firm providing private
and public-sector clients with a full range of professional consulting
services through all project phases, including planning, design,
construction and maintenance. Ranging in size, its clients operate in
various market segments, including the building, industrial and energy,
municipal infrastructure, transportation and environmental sectors.
GENIVAR is one of the largest engineering services companies in Canada
by number of employees, with more than 5,500 managers, professionals,
technicians, technologists and support staff in over 100 cities in
Canada and internationally.www.genivar.com

Forward-looking statementsCertain information regarding GENIVAR contained herein may constitute
forward-looking statements. Forward-looking statements may include
estimates, plans, expectations, opinions, forecasts, projections,
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GENIVAR believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance
that such expectations will prove to have been correct. These
statements are subject to certain risks and uncertainties and may be
based on assumptions that could cause actual results to differ
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qualified in their entirety by this cautionary statement. The complete
version of the cautionary note regarding forward-looking statements as
well as a description of the relevant assumptions and risk factors
likely to affect GENIVAR's actual or projected results are included in
the Management Discussion and Analysis for the three and nine-month
periods ended October 1, 2011 and the year ended December 31, 2010,
which are available on SEDAR at www.sedar.com. The forward-looking statements contained in this press release are
made as of the date hereof and GENIVAR does not assume any obligation
to update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise unless expressly
required by applicable securities laws.